In MultiBID event, the listing brokerage is pivotal in helping you determine the best price at which to list.
Most importantly, you are included in the process. Your brokerage will appraise your property using recent comparable sale statistics, additional market data, and potentially other appraisal methods (cost to replace…etc.) should they be necessary. Additionally, your agent will devise a strategy that will best suit your selling conditions and use MultiBID merely to facilitate the competing offer process to encourage your highest selling price.
MultiBID does not dictate the listing price.
